LIVERPOOL has been invited to be the first on board the UK's 21st century Maglev system which could link the city with London in 58 minutes.
Dr Alan James, project leader of UK Ultraspeed which aims to build the £16bn national network for its floating train link, made the offer to Liverpool business and transport chiefs yesterday.
In an exclusive presentation to Liverpool Chamber of Commerce he explained the benefits of magnetic levitation.
The 311mph system would put London within reach in 58 minutes and Newcastle on the hour and would provide a dramatic boost for regional economies.
The technology already exists in Liverpool's twin city of Shanghai and Dr James said the UK Ultraspeed consortium is certain it could fund 70% of the cost through private investment.
But he called on cities and regions to take a lead in Maglev's development and for Liverpool to make the link with Manchester Airport and on to Leeds happen first.
"We positively welcome the proactive participation of beneficiary cities in shaping the scheme," he said.
And he pledged to match pound-for-pound any investment from cities.
"We can deliver stage one with a collaborative regional partner.
"Cities themselves may want to take a stake in the scheme. Invest with us to shape Ultraspeed to fit your priorities like terminal locations and interchanges. Help us plan where these will be."
He added: "We have spoken to Manchester airport and look forward to a dialogue with Liverpool John Lennon airport owner Peel Holdings.
"They own the Manchester Ship Canal that goes pretty much exactly in the same direction, with air rights above that aren't used."
He said stage one could be complete in four to five years.
Liverpool Chamber of Commerce chief executive Jack Stopforth said: "This is revolutionary and extraordinarily exciting. I would like to think that if this materialises Liverpool and Merseyside would become the first beneficiaries."
But Mike Flynn from trains operator Keolis told Dr James: "Many people in the transport sector are sceptical."